RE: Posted on Telegram, worth a read...09 Aug 2022 22:15
Sorry mate, I haven't got a scooby how it all works, I think someone posted a like a while back and that's when I joined, but not too sure how to invite people, hopefully someone here will come to the rescue..gla
Like the phoenix, it's time to fly again....roll on August's output update, and hopefully the s..t is behind us now..gla The financials are not snapping up these cheap shares for no reason, there greedy and will be looking for a substantial return, follow the money
Art is one he'll of a salesman, but he is also a lying B...... His earlier share purchases and talk of wish he could have bought more followed on with the with the mega discovery....all hype. No mention, that we are barely paying our bills, no mention of the blowout and what cost/effect its had on production. Now, we're waiting on the banks to agree we are a worthy cause and take on our debt....how long will this be strung out ? On the face of things, our new investors could cover any issues we have financially without putting their hands deep into their pockets. And then we have our last bailout terms, which come with the clause ....that they can covert at the lower price if we dont sign our RBL within five months (random time frame) or we don't meet other criteria. WTF is that about ???..how many companies have you seen in your time come out with such crap for terms and conditions ??? Also, lets cut the crap, we all have Been here long enough to see shares spike on hope of a good out come.....but Copl seems to be rewriting the rule book, so many time we could have spiked here but no !!!, we don't move... All this leads me to the conclusion that our investors what to gain as many shares as they can on the cheap and flog the company as soon as they can....selling the company to the highest bidder would be great, but not if they keep diluting us out of any potential gain...gla, let's see what games we have for next week.
As we left the showroom in our nice Copl car, all shiny and new, we were set to impress . Unfortunately on its maiden journey, it hit some black ice and ended up in a ditch. Not to worry though, we had our insurance Cuda, they would have us back on the road all shiny in no timee. Just wasn't to be, who would have guess, black ice wasn't covered... Then along came the recovery people ,but boy did they cost us, just to get us out of the ditch we were in, we would have to sign over more of our car....but at least we would be out of the the ditch !!! Yep, we're on the road again and the local garage named CPR says he can do a great job on our damaged bodywork, so we leave Copl in the hands and we patiently wait to see the results..... So that's where our journey is atm, as we wait to see if our CPR man can fix us and get us back on the road or will he tell us we have a lovely car, just need a new engin ....gla